Property Overview: 509 Linden Avenue, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This home at 509 Linden Avenue in the Rossmere-B neighborhood presents a solid, mid-century property built in 1955. With 1,069 sqft of living space on a 4,992 sqft lot, it sits comfortably within the average range for its immediate street and neighborhood in terms of size and lot. Its standout characteristic is its assessed value of $365k, which ranks in the top 9% on its street and top 8% in Rossmere-B, indicating it is viewed as a higher-quality asset within its local context compared to peers. This suggests potential for above-average upkeep, desirable features, or a premium location within the area.
The appeal lies in its established, stable neighborhood setting where the home holds above-average value. It suits a practical buyer looking for a home in a mature area without extreme outliers in size or age, but who values a property that stands out in terms of assessed worth. It’s a sensible choice for someone who prioritizes a proven, steady investment in a community of similar homes, rather than seeking the largest or newest house on the block. A thoughtful perspective is that its higher assessment, while a positive, also sets a corresponding baseline for property taxes, which is a key part of the ongoing cost of ownership.
Frequently Asked Questions
1. What does an "above average" assessed value actually mean for me?
It means the municipal tax assessment values this property more highly than most comparable homes on its street and in the neighborhood. This can reflect better condition, updates, or a superior lot, but it also typically results in a proportionally higher property tax bill.
2. How does this home compare to the Winnipeg average?
Citywide, this home is around average in assessed value and slightly smaller than the city's typical comparable home. Its strength is more localized, performing very well within its specific community of Rossmere-B.
3. When did it last sell, and for how much?
The home sold in July 2021. The public price range recorded for that sale was between CA$400,000 and $450,000. The exact sale price is not publicly disclosed in the record but can be requested from the source.
4. What are the nearby homes like?
The neighboring properties on Linden Avenue and surrounding streets are largely from the same era (1950s-1960s), with similar lot sizes and living areas. This consistency suggests a uniform, established streetscape without drastic variations in house scale.
5. Is the lot size a pro or a con?
At just under 5,000 sqft, the lot is very typical for the area—neither particularly large nor small. It offers standard backyard space for a home of this vintage but may not accommodate significant expansions or pools without creative planning.